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Understanding functional and technical aspects of Oracle Planning 2020 Implementation Essentials 1z0-516 E-Business Essentials

The following will be discussed here:

  • Navigate from Personal Home Page to Applications
  • Create Favorites and set Preferences
  • Shared Entities and Integration
  • Run and monitor Reports and Programs
  • Identify Key Business Flows and products involved in E-Business Suite (EBS)
  • Log in to Oracle Applications
  • Access online Help
  • Enter data using Forms
  • Search for data using Forms
  • Navigating in R12 Oracle Applications
  • Explain shared entities within R12 E-Business Suite
  • Log out of Oracle Applications
  • E-business Essentials
  • Choose a responsibility
  • Use Forms and Menus
  • Describe key integration points and business flows between products in E-Business Suite (EBS)

Understanding functional and technical aspects of Oracle Planning 2020 Implementation Essentials 1z0-516 AutoScheduling

The following will be discussed here:

  • Describe the Journal Scheduling process
  • Explain the Period Closing Process and Reports
  • Describe the business benefits of using Oracle General Ledger's Advanced Journal Entry functions
  • Plan and maintain Summary Account structures
  • Use Budgetary Control & maintain Summary accounts
  • Perform Subledger Reconciliation
  • Period Close
  • Summary Accounts
  • Explain summary accounts and how they are used in General Ledger
  • Explain AutoScheduling
  • Describe key issues and considerations when implementing Advanced Journal Entry
  • Perform key steps in the close process
  • Define How Parent Values/ Rollup Groups are used in General Ledger
  • Perform journal import of subledger balances
  • Determine how Summary Templates are used
  • Explain the accounting cycle
  • Consolidate account balances

Reference: https://education.oracle.com/pls/web_prod-plq-dad/db_pages.getpage?page_id=5001&get_params=p_exam_id:1Z0-516

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Oracle 1Z0-516 Exam Syllabus Topics:

SectionObjectives
Journal Processing- Journal Entry Management
  • 1. Manual journal entries
    • 2. Recurring journals
      - Journal Approval and Posting
      • 1. Posting processes
        • 2. Approval workflows
          Financial Reporting- Standard Reports
          • 1. Trial balance reports
            • 2. Financial statements
              - Reporting Tools
              • 1. Financial Statement Generator (FSG)
                • 2. Ad hoc reporting
                  General Ledger Setup- Chart of Accounts
                  • 1. Segment structure design
                    • 2. Value sets and flexfields
                      - Ledger Configuration
                      • 1. Ledger creation and structure setup
                        • 2. Accounting calendar definition
                          Period Close Process- Month-End Closing
                          • 1. Period close activities
                            • 2. Adjusting entries
                              Account Management- Account Reconciliation
                              • 1. Reconciliation processes
                                • 2. Clearing accounts
                                  - Budgeting
                                  • 1. Budget creation and maintenance
                                    • 2. Budgetary control

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